NOT LISTED FOR SALE

Estimated Value: $4,623,000 - $4,892,000

4 Beds
3.5 Baths
2,853 Sq Ft
$1,652/Sq Ft Est. Value

Last Sold April 10, 2014

Last sale price $2,150,000 $754 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $29,447/month

25 Days on Market

Highlights

  • 24-Hour Security
  • Private Pool
  • Wood Flooring
  • Newport Coast Elementary School Rated A
  • Panoramic View
  • Main Floor Bedroom

About This Home

As of April 2014

Located in the prestigious 24-hour guard-gated Pacific Ridge community, this beautiful home sits on a corner lot of over 9600 square feet in Belcara. This home offers 4 bedrooms and three-and-one-half baths, and the fourth bedroom is a separate casita with a full bath. A classic spiral staircase leads to the second level and master retreat, featuring a spa-like bath and a large balcony to enjoy sweeping views of mountains and city lights. Richard Marshall hardwood flooring leads throughout, showcasing the home's European rustic architecture and open floor plan. A gourmet kitchen is equipped with granite countertops, stainless steel appliances, a wine refrigerator, and center island. Custom wood paneling enhances the formal dining room, as well as an informal eating area off the kitchen with a fireplace, and double French doors leading to the patio area. The spacious backyard is perfect for entertaining with a built-in barbeque area and fire pit. This home is highly sought after, as it is the first time it has been offered for sale since the owner bought it from the builder. Pacific Ridge is a resort-style community with amenities that include an association pool, Junior Olympic pool and spa, wading pool and entertaining area with barbeque and fireplace.

Last Agent to Sell the Property

Laurie Eastman

Compass License #01858979 Listed on: 02/14/2014

Compass

Last Buyer's Agent

Michael Fawaz

Compass License #01342829

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,323

Year Built

  • Built in 2005

Lot Details

  • 9,627 Sq Ft Lot
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $474 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Panoramic
  • City Lights
  • Canyon
  • Mountain
  • Hills

Home Design

  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 2,853 Sq Ft Home
  • Recessed Lighting
  • Double Pane Windows
  • French Doors
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Convection Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 16462
  • Assessor Parcel Number 47846415

Community Details

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,323

Year Built

Built in 2005

Lot Details

0

HOA Fees

$474 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Gated Community, Gated with Guard, Guarded
  • Subdivision Name Other: Belcara (PRBC)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47846415
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2853.00
  • Interior Amenities: Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 753.59
  • Room Type: Jack & Jill, Master Bedroom, Main Floor Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • View: City Lights, Canyon, Hills, Mountain(s), Panoramic
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Convection Oven, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Upper Level
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 474.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Cul-De-Sac, Sprinkler System
  • Lot Size Sq Ft: 9627.00
  • Lot Size Acres: 0.2210

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9627.0000 Square Feet
  • Number Of Units In Community: 107
  • Number Of Units Total: 107

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 16462

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2014
Closed on
Mar 12, 2014
Sold by
Orradre Thomas B and Orradre Amber C
Bought by
Sabounjian Living Trust
Seller's Agent
Laurie Eastman
Compass
Buyer's Agent
Michael Fawaz
Compass
List Price
$2,298,000
Sold Price
$2,150,000
Premium/Discount to List
-$148,000
-6.44%
Total Days on Market
25
Current Estimated Value
$4,714,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,564,384
Avg. Annual Appreciation
6.16%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sabounjian Living Trust $2,150,000 Ticor Title Tustin Orange Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orradre Thomas B $580,000
Previous Owner Orradre Thomas B $610,000
Previous Owner Orradre Thomas B $610,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2014 04/10/14 Sold $2,150,000 -6.4% $754 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $2,298,000 -- $805 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $31,323 $2,621,511 $1,802,899 $818,612
2023 $30,733 $2,570,109 $1,767,548 $802,561
2022 $29,988 $2,519,715 $1,732,890 $786,825
2021 $29,514 $2,470,309 $1,698,911 $771,398
2020 $29,502 $2,444,980 $1,681,491 $763,489
2019 $29,421 $2,397,040 $1,648,521 $748,519
2018 $28,907 $2,350,040 $1,616,197 $733,843
2017 $28,981 $2,303,961 $1,584,507 $719,454
2016 $27,907 $2,258,786 $1,553,438 $705,348
2015 $26,880 $2,192,957 $1,530,103 $662,854
2014 $22,541 $1,805,000 $1,178,733 $626,267
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14031974

California Regional Multiple Listing Service (CRMLS)

APN: 478-464-15